# Modern Times Group

> Modern Times Group is a VC fund in Stockholm backing Gaming and Video Games. See 20 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Stockholm, Sweden
- Total investments: 20
- Last investment: Apr 2022
- Lead investor: 25%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/modern-times-group-mtg
- X (Twitter): https://twitter.com/mtgab
- Website: http://www.mtg.com/
- Facebook: https://www.facebook.com/MTGAB

Modern Times Group is an international entertainment group. Their operations span six continents and include TV channels and platforms, online services, content production businesses, and radio stations.

## Contacts

5 contacts available for Modern Times Group. Shizune tracks 6 team members at Modern Times Group. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/modern-times-group?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1M–$14M |
| Series A | $2.7M–$15M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Gaming | 11 | 55% |
| Video Games | 4 | 20% |
| Online Games | 4 | 20% |
| Software | 3 | 15% |
| Blockchain | 3 | 15% |

40 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 8 | 40% |
| Series A | 6 | 30% |
| Series B | 2 | 10% |
| Funding Round | 2 | 10% |
| Series C | 1 | 5% |

6 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 11 | 55% |
| Germany | 4 | 20% |
| Canada | 1 | 5% |
| Finland | 1 | 5% |
| Cayman Islands | 1 | 5% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Arnd Benninghoff | Executive Vice President of Gaming | 1 | https://shizune.co/investors/profile/arnd-benninghoff |
| Christian Pern | Chief marketing officer | 0 | https://shizune.co/investors/profile/christian-pern |
| Kenneth Andresen | Director of Radio | 0 | https://shizune.co/investors/profile/kenneth-andresen |
| Maria Redin | CFO; President and CEO | 0 | https://shizune.co/investors/profile/maria-redin-b41b |
| Oliver Bulloss | Chief Executive Officer for Midcore District | 0 | https://shizune.co/investors/profile/oliver-bulloss |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Legendary Play | Legendary Play creates mobile games for esport fans. The company was established in 2017 in Berlin, Germany. | $4M | Series A | Apr 07, 2022 |  |
| Joyride Games | Joyride builds entertainment franchises powered by mobile games and scaled on an industry-leading publishing platform enabled by the latest AI and blockchain technologies. Our franchises provide themed experiences anchored on shared story worlds and consistent game formats. Within these franchises, we build games with characters and stories thatwill stick with players, with new takes on familiar RPG and casual games. | $14M | Seed | Mar 18, 2022 |  |
| Dazzle Rocks | Dazzle Rocks is a mobile games development studio based in Helsinki. Founded by industry veterans, the team’s games connect global players through immersive social experiences and empower players to create and expand communities together (sandbox) in an evolving massive multiplayer online world (Social MMO). The game has been designed and builtspecifically to appeal to both East Asian and Western markets and also incorporates UI/UX elements that are female-friendly. The company’s massively scalable proprietary engine is easily adaptable to future games and supports virtual world building, virtual economy, spatially aware three-dimensional worlds and real-time, social communication and interaction during game play. The company’s first game is in beta testing and will be launched in the second half of 2020. | $6.8M | Series A | May 05, 2020 |  |
| Bazooka Tango | Bazooka Tango is a mobile gaming company that creates blockchain multiplayer online tactical card games. Combining deep publishing expertise with the creative muscle behind the mobile esport Vainglory, the company has decades of experience building and scaling hit games across PC, mobile, and console. With multiple titles set for release across keycore gaming genres, its network of games will shape the future of competitive play. | $2.5M | Seed | Mar 16, 2020 |  |
| Mightier | Mightier is a gaming platform and family program scientifically-proven to help kids regulate their emotions. It is a bioresponsive program that harnesses the mind-body connection to build emotional regulation in its players. Its program of bioresponsive video games, developed at Boston Children's Hospital and Harvard Medical School, aims tohelp children with behavioral and emotional challenges learn how to harness emotions in daily life.Mightier was founded in 2016 and is headquartered in Boston, Massachusetts. | $250K | Corporate Round | Sep 24, 2019 |  |
| Sviper | Based in Hamburg, Sviper is an independent mobile game studio founded in 2016 by three industry veterans with longstanding mobile and free to play experience from Germany’s largest games companies. Sviper is set out to deliver outstanding gameplay experiences at the highest quality for mobile devices. Combining intelligence, innovation, focus andspeed in a zero-politics work environment, Sviper works on nothing less than a new mobile gaming success story. | $2.7M | Series A | Feb 28, 2019 |  |
| Tonk Tonk Games | Tonk Tonk Games strives to deliver innovative games that players love - No pay to win, no pay to compete, and no shady mind-tricks from the dark side. | $2M | Seed | Feb 19, 2019 |  |
| Nomadic | Nomadic is the immersive entertainment company delivering tactile and walkable VR adventures to neighborhoods everywhere. Our turnkey platform enables content and venue partners to continuously wow a broad community. At Nomadic, we’re blurring the line between virtual and reality. | $10M | Series A | Dec 24, 2018 |  |
| AppOnboard | AppOnboard is a Los Angeles-based software company empowering creators to build businesses without any programming experience. The company offers two no-code products: Buildbox, the largest no-code mobile game engine, and AppOnboard Studio, a mobile, interactive design studio that enables anyone to create playable ads and app prototypes. | $15M | Series B | Dec 11, 2018 |  |
| Play Ventures | Play Ventures is a venture funding that invests globally in games and game services startups. |  |  | Dec 04, 2018 |  |

10 of 20 investments shown.

## Co-investors
- [BITKRAFT Ventures](https://shizune.co/investors/profile/bitkraft-ventures) — VC Fund, 5 deals together
- [Korea Investment Partners](https://shizune.co/investors/profile/korea-investment-partners) — VC Fund, 2 deals together
- [Luminari Capital](https://shizune.co/investors/profile/luminari-capital) — VC Fund, 2 deals together
- [Runa Capital](https://shizune.co/investors/profile/runa-capital) — VC Fund, 2 deals together
- [Troy Capital Partners](https://shizune.co/investors/profile/troy-capital-partners) — VC Fund, 2 deals together
- [1Up Ventures](https://shizune.co/investors/profile/1up-ventures) — VC Fund, 1 deal together

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## FAQ

### What does Modern Times Group invest in?

Modern Times Group invests primarily in Gaming, Video Games and Online Games startups, most often at Seed and Series A stage. Most of the 20 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Modern Times Group's check size?

Modern Times Group typically joins rounds of $1M–$14M at Seed and $2.7M–$15M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Modern Times Group participates in.

### How do I contact Modern Times Group?

Public channels for Modern Times Group include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Modern Times Group?

The team at Modern Times Group includes Arnd Benninghoff (Executive Vice President of Gaming), Christian Pern (Chief marketing officer) and Kenneth Andresen (Director of Radio), among 6 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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